U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.08%

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At the close in NYSE, the Dow Jones Industrial Average gained 1.08%, while the S&P 500 index climbed 1.63%, and the NASDAQ Composite index climbed 2.15%.

The best performers of the session on the Dow Jones Industrial Average were Cisco Systems Inc (NASDAQ:CSCO), which rose 3.74% or 2.16 points to trade at 59.93 at the close. Meanwhile, UnitedHealth Group Incorporated (NYSE:UNH) added 3.11% or 14.92 points to end at 494.38 and Apple Inc (NASDAQ:AAPL) was up 2.85% or 4.97 points to 179.30 in late trade.

The worst performers of the session were Nike Inc (NYSE:NKE), which fell 0.91% or 1.50 points to trade at 163.90 at the close. JPMorgan Chase & Co (NYSE:JPM) declined 0.75% or 1.19 points to end at 157.94 and Chevron Corp (NYSE:CVX) was down 0.57% or 0.66 points to 115.56.

The top performers on the S&P 500 were Eli Lilly and Company (NYSE:LLY) which rose 10.39% to 275.28, Advanced Micro Devices Inc (NASDAQ:AMD) which was up 8.04% to settle at 146.50 and NVIDIA Corporation (NASDAQ:NVDA) which gained 7.49% to close at 304.59.

The worst performers were Nucor Corp (NYSE:NUE) which was down 8.61% to 108.22 in late trade, Medtronic PLC (NYSE:MDT) which lost 6.04% to settle at 104.94 and Newmont Goldcorp Corp (NYSE:NEM) which was down 3.45% to 54.23 at the close.

The top performers on the NASDAQ Composite were Theseus Pharmaceuticals Inc (NASDAQ:THRX) which rose 34.12% to 12.58, CMC Materials Inc (NASDAQ:CCMP) which was up 33.93% to settle at 195.50 and Biofrontera Inc (NASDAQ:BFRI) which gained 26.36% to close at 6.95.

The worst performers were ATAI Life Sciences BV (NASDAQ:ATAI) which was down 31.94% to 6.82 in late trade, Pulmatrix Inc (NASDAQ:PULM) which lost 31.58% to settle at 0.4851 and China Xiangtai Food Co Ltd (NASDAQ:PLIN) which was down 28.17% to 1.8100 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2151 to 1109 and 149 ended unchanged; on the Nasdaq Stock Exchange, 2462 rose and 1332 declined, while 218 ended unchanged.

Shares in Eli Lilly and Company (NYSE:LLY) rose to all time highs; rising 10.39% or 25.90 to 275.28. Shares in Medtronic PLC (NYSE:MDT) fell to 52-week lows; down 6.04% or 6.75 to 104.94. Shares in Cisco Systems Inc (NASDAQ:CSCO) rose to 5-year highs; rising 3.74% or 2.16 to 59.93. Shares in UnitedHealth Group Incorporated (NYSE:UNH) rose to all time highs; up 3.11% or 14.92 to 494.38. Shares in ATAI Life Sciences BV (NASDAQ:ATAI) fell to all time lows; down 31.94% or 3.20 to 6.82. Shares in Pulmatrix Inc (NASDAQ:PULM) fell to all time lows; down 31.58% or 0.2239 to 0.4851.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 11.88% to 19.29.

Gold Futures for February delivery was up 0.29% or 5.10 to $1777.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 1.05% or 0.74 to hit $71.47 a barrel, while the February Brent oil contract fell 0.01% or 0.01 to trade at $74.31 a barrel.

EUR/USD was up 0.09% to 1.1295, while USD/JPY rose 0.01% to 114.04.

The US Dollar Index Futures was down 0.25% at 96.293.